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Posted On: 05/23/2017 5:00:21 PM
Post# of 1078
NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Reports 20% Revenue Growth Fueled By North America Transaction Solutions
Net Element (NASDAQ: NETE) recently reported a 20% growth in revenues for the quarter ended March 31, 2017. The company’s North America Transaction Solutions segment was attributed for generating 81% of total sales. “Net revenues for the company were generated principally by payment processing fees in North America, where transactions jumped 40%, exhibiting organic growth, according to Zacks SCR Digest (http://nnw.fm/mTJ49). In 2016, Net Element recorded a 54% jump in North America to $42.1 million. That accounted for about 78% of total company sales for the year.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Net Element (NASDAQ: NETE) recently reported a 20% growth in revenues for the quarter ended March 31, 2017. The company’s North America Transaction Solutions segment was attributed for generating 81% of total sales. “Net revenues for the company were generated principally by payment processing fees in North America, where transactions jumped 40%, exhibiting organic growth, according to Zacks SCR Digest (http://nnw.fm/mTJ49). In 2016, Net Element recorded a 54% jump in North America to $42.1 million. That accounted for about 78% of total company sales for the year.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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